Daily Market Analysis

EUR/USD reversed from support zone Next buy target - 1…

The upper "Window" has acted as resistance, so we've got bearish patterns such a "Harami" and a "High Wave".

The last "Three Methods" pattern pushed the price higher, so we've got a new local high.

There's a consolidation, which is taking place on the four-hours chart. Moreover, we've got a "Flag".

The price faced support at 1.1103, so we've got a "V-Bottom" pattern, which pushed the pair towards resistance at 1.1204.

On the EUR/USD daily chart, the Bears tried to launch a counterattack, but they stumbled upon the solid resistance…

Recommendations: BUY 0,978 SL 0,9725 TP 0,995…

The British pound fell sharply with a YouGov/Times poll showing the ruling Conservatives could lose 20 seats and their majority in parliament at the coming June election…

The price is likely going to test 8/8 MM Level once again. If we see another pullback from this Level, wave (i) is going to be continued.

AUD/CAD reversed from support zone Next buy target - 1…

AUD/NZD broke support level 1…

The pair faced support at 1.2755, so there's a "Double Bottom", which has been confirmed.